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The Canadian Dollar and Purchasing Power Parity during the Recent Float

✍ Scribed by Georgios P. Kouretas


Book ID
108534394
Publisher
John Wiley and Sons
Year
1997
Tongue
English
Weight
74 KB
Volume
5
Category
Article
ISSN
0965-7576

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This paper examines the information on future exchange rate movements provided by the doctrine of purchasing power parity (PPP). Previous research has studied this issue by analysing the time-series properties of period-by-period levels of, or changes in, exchange rates. In contrast, the present stu